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Smart Home Package ROI Calculator

Smart home package: differentiator that pays.

$
$
$

Payback months

25

Lifetime ROI

1.4%

Total monthly benefit

$60

How the math works

Total monthly = rent premium + efficiency savings. Payback = cost / monthly.

$40 + $20 = $60/mo. $1,500 / $60 = 25 months. Lifetime 140% ROI.

How to Use

  1. Enter package cost.
  2. Enter rent premium per month.
  3. Enter lease months.
  4. Enter efficiency savings per month.
  5. Read total ROI.

Frequently Asked Questions

Package components?

Smart thermostat (Nest/Ecobee): $200-350. Smart locks (August, Schlage): $200-400. Video doorbell (Ring): $150-300. Smart lighting: $200-500. Water leak sensor: $100-300. Bundle: $1,000-2,500 per unit.

Rent premium?

Single device: $15-25/mo. Full smart package: $40-80/mo. Premium varies by market — urban millennial audience captures full premium; older suburban may not. Test in one building before rollout.

Hidden benefits?

Reduced utility (smart thermostat saves 10-15% on HVAC): $15-30/mo. Lower insurance claims (leak detection). Faster turnovers (smart lock codes vs rekeying). Marketing differentiator. Combined value higher than rent premium alone.

How often should I rerun this?

Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.

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